Home > Statistics > General government revenue and expenditure by quarter > 2008 > 2nd quarter > General government expenditure grew more than revenue in the 2nd quarter of 2008

Published: 30 September 2008

General government expenditure grew more than revenue in the 2nd quarter of 2008

General government revenue grew by two per cent in the second quarter of 2008 when comparing seasonally unadjusted data with comparable data from the year before. The revenue items that grew most were income tax as well as taxes on production and imports. General government property income decreased, and general government expenditure grew by 8.2 per cent. The expenditure items that grew most were subsidies paid, social benefits in cash, intermediate consumption and compensation of employees. General government is comprised of central government, local government and social security funds. The data derive from Statistics Finland's quarterly statistics on general government revenue and expenditure.

The data for the two latest years are preliminary and will become revised as annual national accounts data are revised. In the figure the trend has been calculated with the Tramo/Seats method. The trend can become revised in the coming periods as preliminary data are revised. As the time series of annual accounts become revised, the time series of this set of statistics will also be revised. These data are based on the information on economic development available by 26 September 2008. The data will next be revised at the end of December 2008.

General government total revenue and total expenditure 2000 - 2008

Source: General government revenue and expenditure, 2nd quarter 2008. Statistics Finland

Inquiries: Mr Jouni Pulkka +358 9 1734 3532, rahoitus.tilinpito@stat.fi

Director in charge: Mr Ari Tyrkkö

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Last updated 30.9.2008